Boeing plans to launch effort to raise over $15 billion in capital as early as Monday, source says

Boeing plans to raise over $15 billion in capital as early as Monday, utilizing a mix of common shares and mandatory convertible bonds to address financial challenges exacerbated by an ongoing strike.

Despite a nearly two-to-one rejection of Boeing's latest offer by machinists, the company has experienced a cash burn and announced a $6 billion quarterly loss.

It also secured a $10 billion credit agreement with major lenders. Boeing faces potential credit downgrades to junk status if it raises new debt without addressing $11 billion in maturing obligations by February 2026.

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